Sri Lanka, May 17 -- A proposal to increase electricity tariffs-covering both fixed charges and unit rates-is currently under consideration, but it has not yet received approval from the Public Utilities Commission of Sri Lanka (PUCSL).

According to reports, the PUCSL is expected to make a final decision on the matter during the first week of June.

The Ceylon Electricity Board (CEB) has stated that a tariff hike of 18.3% is necessary to cover operational and generation costs.

The proposed increase, if approved, would impact all electricity consumers, sparking public concern amid already rising living costs.

Published by HT Digital Content Services with permission from Daily News Sri Lanka....